Cambridge-Somerville Black Business Network Offering Grant Opportunity

CAMBRIDGE, MA — The Cambridge-Somerville Black Business Network announced Thursday that it is offering small business grants through the Cambridge Equity Fund.

The fund supports black entrepreneurs and their businesses in the Cambridge and Somerville area that are still feeling the negative impacts of the COVID-19 pandemic.

“This fund is a grant funded by the City of Cambridge's State and Local Fiscal Recovery Funds to support long-term racial and economic equity investments and offers grants to Black-owned businesses in the startup and growth stages,” CEF Project Director and Facilitator Nicola Williams said.

Grant amounts range between $5,000 and $15,000. Interested parties can find the application form online.